EOS Annual Meeting: A Kickstart for The Year Ahead

Welcome back to the Business Builder newsletter. We're continuing the EOS series, and in today's issue, I'll share my experience of running the Annual Meeting routine in my business.

Estimated read time: 3 minutes.

A Year in Review, A Year Ahead

The concept of a 2-day Annual Meeting is based on the principle that before planning for the future, one should always first reflect on the past.

The impact of the Annual Meeting extends far beyond its two days.

It acts as the kickoff for the year ahead, where you develop the 1-year plan for the business and solidify the Vision/Traction Organizer (VTO).

Reflecting on the Past Year & Planning for the New One

The first day of the Annual Meeting is dedicated to reviewing the previous year and setting the tone for the upcoming year.

Day two serves as the first Quarterly Meeting of the year, where we establish the new rocks for the year.

In some organizations, you would also hold additional board meetings after the Annual and Quarterly Meetings. These meetings are important because they help cascade information from the top of the company down to each team.

The First One Is Always the Hardest

Initially, it took me a very long time to prepare for the first annual meeting, almost a month of on-and-off work.

During this month, I was focused on developing the meeting's structure, compiling results, brainstorming on the rocks, organizing them into slides, etc.

During this preparation period, I also paused all the Pulse Meetings so that I could have more make time versus the manage time as a manager.

After having held the first Annual Meeting, holding them became way easier.

I’ll keep sharing how we run these meetings more in-depth as we continue this series next week.

Stay tuned.